GST Exemption Limit


This query is : Resolved 

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This discussion clarifies GST return filing requirements for a proprietorship tour operator business with a turnover below £40 Lakhs. It confirms that GST returns are mandatory if the turnover exceeds the £20 Lakhs threshold specifically for services. Therefore, even with a turnover under £40 Lakhs, exceeding £20 Lakhs for services necessitates filing.

29 December 2020 We have a proprietorship business (Tour operator) and our turnover below 40 Lakhs.
I wanted to know GST return filling is mandatory?

29 December 2020 Yes, it's mandatory if turnover exceed 20 lacs. 20 lacs is the limit for services.

30 December 2020 Thank you very much for your reply.


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